Hang Lung Properties Limited (OTCMKTS:HLPPY) Short Interest Update

Hang Lung Properties Limited (OTCMKTS:HLPPY - Get Free Report) saw a large increase in short interest in the month of March. As of March 31st, there was short interest totalling 98,100 shares, an increase of 9,710.0% from the March 15th total of 1,000 shares. Based on an average trading volume of 488,900 shares, the short-interest ratio is currently 0.2 days.

Hang Lung Properties Stock Down 1.4 %

Hang Lung Properties stock traded down $0.07 during trading hours on Wednesday, hitting $5.26. The stock had a trading volume of 215,339 shares, compared to its average volume of 247,575. Hang Lung Properties has a 12-month low of $5.00 and a 12-month high of $9.55. The stock's 50-day moving average price is $5.36 and its 200-day moving average price is $6.25.

Hang Lung Properties Increases Dividend

The business also recently declared a dividend, which will be paid on Monday, June 24th. Stockholders of record on Wednesday, May 8th will be paid a $0.3638 dividend. The ex-dividend date of this dividend is Tuesday, May 7th. This is a positive change from Hang Lung Properties's previous dividend of $0.10.

Hang Lung Properties Company Profile

Hang Lung Properties Limited, an investment holding company, engages in the property investment, development, and management activities in Hong Kong and Mainland China. It operates through Property Leasing and Property Sales segments. The company is involved in the development, sale, and leasing of properties.